Steel Dynamics, US8581191009

Steel Dynamics reports USD 6.5 billion sales. Steel Dynamics stock costs EUR 206.90

Published on 10/20/2026 at 13:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter sales reached USD 6.5 billion and net income USD 756 million. Steel Dynamics stock costs EUR 206.90 on October 20, 2026.

Quarterly results and cash flow

Third-quarter net sales reached USD 6.5 billion on October 19, 2026.
Operating cash flow totaled USD 846 million in the third quarter of 2026.
Steel Dynamics stock traded at EUR 206.90 at 1:50 p.m. CEST at Lang & Schwarz on October 20, 2026.

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Steel Dynamics (ISIN US8581191009) reported third-quarter net sales of USD 6.5 billion and net income of USD 756 million for the period ended September 30, 2026. The results were published on October 19, 2026, by Steel Dynamics.

Record shipments lift the quarter

Steel shipments reached a record 3.8 million tons in the third quarter of 2026. Operating income was USD 1.0 billion, while adjusted EBITDA totaled USD 1.2 billion and operating cash flow reached USD 846 million.

The reported diluted earnings per share was USD 5.26, compared with USD 3.69 in the second quarter of 2026 and USD 2.74 in the third quarter of 2025. Steel operations generated USD 1.0 billion of operating income, 43 percent above the second quarter, as the average external selling price rose to USD 1,400 per ton.

What does the aluminum ramp mean?

The aluminum platform reached EBITDA breakeven in the third quarter of 2026, although its operating loss was USD 26 million. Management said volumes and profitability are expected to improve in the fourth quarter of 2026 and throughout 2027, as utilization and yields improve.

Three dates shape the stock story

On October 8, 2026, Steel Dynamics announced an earnings call scheduled for 11:00 a.m. Eastern Daylight Time. On October 19, 2026, the company reported USD 6.5 billion in third-quarter sales and USD 756 million in net income. On October 20, 2026, it scheduled the results conference call for 11:00 a.m. Eastern Daylight Time.

Analysts keep targets divided

According to Markets Insider on October 19, 2026, Barclays maintained a Buy rating and a USD 285.00 price target. The same report said J.P. Morgan maintained a Hold rating on October 9, 2026, after cutting its target to USD 260.00 from USD 272.00.

The company also reported USD 276 million in share repurchases and USD 76 million in dividends during the third quarter of 2026. Liquidity stood at USD 2.4 billion on September 30, 2026, giving the earnings report a substantial cash-flow and capital-allocation dimension.

Stock price and investor dates

Steel Dynamics was trading at EUR 206.90 at Lang & Schwarz on October 20, 2026, at 1:50 p.m. CEST. The primary listing is on Nasdaq, where the finance snapshot showed a market capitalization of USD 35.1 billion and a 52-week range of USD 146.11 to USD 288.74 as of October 19, 2026.

The further course of trading is shown by the continuously updated real-time quote of Steel Dynamics stock.